CA$100
in 1938 →
CA$1,490.79
in 2008

Canada Inflation Calculator

Canadian Inflation Rate, CA$100 in 1938 to 2008

According to Statistics Canada consumer price index, prices in 2008 are
1,390.79% higher than
average prices throughout 1938.
The dollar experienced an average inflation rate of 3.94% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$100 in 1938 is equivalent in purchasing power to about CA$1,490.79 in 2008, a difference of CA$1,390.79 over 70 years.

The 1938 inflation rate was -2.56%. The inflation rate in 2008 was 1.16%.
The 2008 inflation rate is lower compared to the average inflation rate of 1.50% per year between 2008 and 2019.

Data Source & Citation

You may use the following MLA citation for this page:
“1938 dollars in 2008 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2019, https://www.officialdata.org/1938-CAD-in-2008.